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Bank Negara raises key interest rate
PETALING JAYA: Bank Negara raised the overnight policy rate (OPR) by 25 basis points to 3% and increased the statutory reserve requirement (SRR) by 1 percentage point to 3%, a move that took most by surprise. The OPR, the benchmark interest rate commercial banks use to calculate their base lending rates ... Read More
Kept in the dark
A PKR assemblyman, who is in the dark about a major reclamation project in his constituency, has asked the state government to brief the relevant assemblymen on the matter.Sim Tze Tzin (PKR ? Pantai Jerejak) claimed that some 40.4ha in front of the Queensbay Mall coastline would be reclaimed by ... Read More
Mutiara Goodyear to develop 527-acre land in Penang with Tambun Indah
KUALA LUMPUR: Mutiara Goodyear Development Bhd (Mutiara) is partnering with Tambun Indah Land Bhd (Tambun Indah) to develop a 527-acre land in Seberang Perai. Mutiara via its wholly-owned subsidiary, Pembangunan Bandar Mutiara (PBM) has entered into a joint venture (JV) agreement with Tambun Indah on Wednesday, May 4. The JV ... Read More
Atlantic Apartment
Atlantic sits on a prime freehold land on mainland Penang that offers enchanting and breathtaking view of Penang Island. Unique Modern Contemporary Design optimizes comfort but not at the expense of luxury. It is designed to be an exclusive beachfront low-density apartment enclave with amenities at its vicinity. Atlantic is ... Read More
Dragon boat fest is back with new photo event
THE Plenitude Penang International Dragon Boat Festival will be held at the Teluk Bahang Dam on June 11 and 12. State Tourism Development and Culture Committee chairman Danny Law said Plenitude, a listed company involved in property development, was the sponsor of the event this year. He said 12 teams ... Read More
Caribea & Casuarina – Setia Pearl Island
Caribea & Casuarina is the latest addition to the Isle of Conifer @ Setia Peral Island. This new development comprises 8 units of 3-storey semi-detached and 37 units 3-storey terrace houses. Property Project : Isle of Conifer @ Setia Pearl Island Location : Setia Pearl Island, Sungai Ara, Penang Property ... Read More
PJ Dev to expand hospitality business
KUALA LUMPUR: Property developer PJ Development Bhd (PJD) will build two new residences and a hotel for RM400 million to grow its hospitality business. Swiss-Garden International Sdn Bhd (SGI) group general manager for sales and marketing Francis Lee said PJD will build the properties starting end of this year for ... Read More
Luxury bungalows on water
Seafront retail marina Straits Quay in Tanjong Tokong, Penang, plays host to The Nautical Lifestyle Show 2011 from today until Monday, featuring two magnificent Majesty Yachts — the Majesty 56 and Majesty 88. Brought in by Pen-Marine Sdn Bhd, the “luxury bungalows on water” are regarded as among the best ... Read More
Record year for property transactions seen
PETALING JAYA: Malaysia is likely to see a record year for property transactions and home price appreciation could accelerate, said CIMB Investment Bank Bhd. In its latest report for the Malaysian property sector, the research house said it remained particularly bullish on residential properties as house prices were likely to ... Read More
Impian Residence
Impian Residence is located within the established township of Alma, Bukit Mertajam, Penang. This residential property development comprises 100 units of 2-storey terrace and 32 units of semi-detached houses. With an easy access to Shopping centers, Schools, North-Sourth Expressway and 15 minutes drive to Penang bridge. Property Project : Impian Residence ... Read More
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- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Not sure why people still questioned PDC. The plots of land there were sold to...Wan on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- Don't forget Asia Green took 10 years to complete Quaywest, LOL. ...millionaire on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @chookimhock Why worry? So many house available ...Ryu on Iconic Regency
- @chookimhock Yup. The AG price tag is reasonable & plenty of happy purchaser. The location...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Well, I wouldn't say it's only IJM, some other condos near the coast also had...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- How much is the maintenance fee for this project ? ...BM Guy on Mertajam Heights
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- Affordable Housing (Penang Island)
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